HB 5156 would create a new state climate change superfund intended to pay for infrastructure and environmental projects by requiring certain energy companies to make payments based on past greenhouse gas emissions. While the proposal is framed as targeting corporations, the reality is that these costs are often passed on to consumers through higher electric rates, heating costs, fuel prices, and increased costs for everyday goods and services.
Connecticut already has some of the highest energy costs in the country. Policies that add new financial risk to the energy sector are likely to make energy even more expensive for families and small businesses who are already struggling with affordability.
Lawmakers need to hear directly from residents before this proposal moves forward. You can help ensure legislators understand the real impact this bill could have on energy costs and household budgets. Take a moment now to contact your legislators and urge them to oppose HB 5156 in its current form and support solutions that protect both the environment and affordability in Connecticut.